Benzinga's Volume Movers

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  • Clovis Oncology Inc CLVS surged 4 percent to $23.94. The volume of Clovis Oncology shares traded was 1424 percent higher than normal. Clovis Oncology shares surged 27.24 percent on Tuesday. Credit Suisse raised its price target on Clovis Oncology from $14 to $19, while Mizuho increased its price target on the stock from $15 to $23.
  • Lannett Company, Inc. LCI shares moved up 18.2 percent to $38.20. The volume of Lannett traded was 1072 percent higher than normal. Lannett posted better-than-expected fourth-quarter results and issued a strong outlook.
  • Craft Brew Alliance Inc BREW shares climbed 25.6 percent to $18.16. The volume of Craft Brew Alliance shares traded was 840 percent higher than normal. Craft Brew Alliance and Anheuser Busch Inbev SA (ADR) BUD reported new and enhanced commercial agreements.
  • PDC Energy Inc PDCE shares rose 8.9 percent to $69.29. The volume of PDC Energy shares traded was 507 percent higher than normal. PDC Energy reported that it has agreed to acquire two privately held companies managed by Kimmeridge Energy Management Company for around $1.5 billion. Stephens & Co. upgraded PDC Energy from Equal-weight to Overweight.
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